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The it Revolution and the Globalization of R&D
Branstetter, Lee - 2018
Since the 1990s, R&D has become less geographically concentrated, and has seen especially fast growth in emerging markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software/IT domain; the increase in foreign R&D has been largely...
Persistent link: https://www.econbiz.de/10012916620
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Heterogeneity and the Dynamics of Technology Adoption
Ryan, Stephen P - 2014
We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a unique dataset from a large multinational firm, we pose and estimate a fully dynamic model of technology adoption. We propose a novel identification strategy based on...
Persistent link: https://www.econbiz.de/10013067628
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International Differences in the Adoption and Impact of New Information Technologies and New Hr Practices : The Valve-Making Industry in the U.S. And U.K
Bartel, Ann P. - 2015
This paper compares the impact of new IT-enhanced technology on the efficiency of production in the U.S. and the U.K. for one manufacturing industry, valve manufacturing. There is a long-standing question of whether technological change and organizational changes have the same rates of adoption...
Persistent link: https://www.econbiz.de/10012750297
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The Case of the Missing Productivity Growth : Or, Does Information Technology Explain Why Productivity Accelerated in the Us But Not the UK?
Basu, Susanto; Fernald, John G.; Oulton, Nicholas; … - 2022
We argue that unmeasured investments in intangible organizational capital associated with the role of information and communications technology (ICT) as a general purpose technology' can explain the divergent U.S. and U.K. TFP performance after 1995. GPT stories suggest that measured TFP should...
Persistent link: https://www.econbiz.de/10013322129
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Exporting Uncertainty : The Impact of Brexit on Corporate America
Campello, Murillo; Cortes, Gustavo; d'Almeida, Fabricio; … - 2021
We show that the 2016 Brexit Referendum had multi-faceted consequences for corporate America, shaping employment, investment, divestitures, R&D, and savings. The unexpected vote outcome led US firms to cut jobs and investment within US borders. Using establishment-level data, we document that...
Persistent link: https://www.econbiz.de/10013309901
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Global Engagement and the Innovation Activities of Firms
Criscuolo, Chiara; Haskel, Jonathan; Slaughter, Matthew J. - 2021
Firms that export or, even more so, are part of a multinational enterprise tend to exhibit higher productivity than their purely domestic counterparts. To better understand this correlation, we incorporate the perspective of industrial organization that one of the main drivers of differences in...
Persistent link: https://www.econbiz.de/10013228042
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Characteristics of Foreign-Owned Firms in British Manufacturing
Griffith, Rachel; Simpson, Helen - 2021
This paper describes the characteristics of manufacturing establishments in Britain over the period 1980 to 1996, paying particular attention to differences between establishments of different ownership nationalities. The findings suggest that establishments that are always foreign-owned have...
Persistent link: https://www.econbiz.de/10013244877
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Has ICT Polarized Skill Demand? Evidence from Eleven Countries Over 25 Years
Michaels, Guy - 2010
(with little effect on low educated workers performing manual non-routine tasks). Using industry level data on the US, Japan …
Persistent link: https://www.econbiz.de/10013141845
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The Industry Origins of Japanese Economic Growth
Jorgenson, Dale W.; Nomura, Koji - 2021
This paper presents new data on the sources of growth for the Japanese economy over the period 1960- 2000. The principal innovation is the incorporation of detailed information for individual industries, including those involved in the production of computers, communications equipment, and...
Persistent link: https://www.econbiz.de/10013210549
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Information Technology and the Japanese Economy
Jorgenson, Dale W.; Motohashi, Kazuyuki - 2021
In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on … contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input … growth in Japan from for the next decade is substantially below that in the United States, mainly due to slower growth of …
Persistent link: https://www.econbiz.de/10013210551